Unprecedented demand for credit reports over Christmas

Posted in 'Credit Reports' by Barry Stamp

03 January 2012

The number of new customers signing up to checkmyfile to check their credit report increased over the Christmas period by an unprecedented 5.5 times.

Christmas Eve saw the busiest increase. When comparing 2011 activity levels with 2010, the number of new customers signing up to check their credit reports increased by over ten times.

We had noticed a general and steady increase in demand throughout 2011, but the Christmas holiday period proved to be exceptionally busy.

Many customers who checked their credit reports also went on to apply for credit, using our credit matching service.

Normally the New Year motivates many to spring clean or re-think their finances, but a combination of poor weather and the relatively long Christmas break appears to have prompted many to start a lot earlier this year.

You can get your own Multi Agency Credit Report completely free when you trial our subscription services for 30 days. After the free trial period, monitoring your credit report costs just £9.99 per month until you cancel, which you can do at anytime simply by phoning us.

Our Multi Agency Credit Report provides more than twice the depth of information than any other credit report, and unlike others, provides credit scores at no extra charge, and subscribers also benefit from free identity fraud protection.